While studies on cryptocurrencies continue in Turkey, after Minister Mehmet Şimşek, a statement was made by Central Bank President Hafize Gaye Erkan.
Central Bank (CBRT) Governor Hafize Gaye Erkan announced the 4th Inflation Report of 2023.
Making a statement about Turkey’s fight against inflation and inflation expectations, Erkan also talked about cryptocurrencies.
CBRT President stated that cryptocurrency regulation studies are continuing. “We are working with the CMB, cryptocurrency studies continue.” said.
Erkan, who also announced the inflation target, said that they predict that inflation in Turkey will peak in May 2024.
Accordingly, the CBRT president ” inflation will be 65% by the end of 2023; As 36.0% at the end of 2024; We estimate that it will be 14% by the end of 2025. “We also estimate that inflation will peak in May 2024, reaching between 70-75%.” said.
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